Classic Leasing & Finance Reports Stable Q3 FY24-25 Results with Increased Profitability
Classic Leasing & Finance has announced its financial results for the quarter ending December 2024, showing stable performance in Q3 FY24-25. The company reported a Profit After Tax of Rs 0.32 crore for the half-year, exceeding last year's total, and achieved its highest Operating Profit Before Depreciation, Interest, and Taxes in five quarters.
Classic Leasing & Finance has recently reported its financial results for the quarter ending December 2024, revealing a stable performance during Q3 FY24-25. The company has experienced an adjustment in its evaluation, with its score reflecting a shift from 7 to 4 over the past three months.In terms of profitability, Classic Leasing has shown a notable increase in Profit After Tax (PAT), reaching Rs 0.32 crore for the half-year period, surpassing the Rs 0.24 crore recorded in the previous twelve months. This indicates that the company has already exceeded its PAT from the last fiscal year within just six months. Additionally, the Operating Profit Before Depreciation, Interest, and Taxes (PBDIT) has reached its highest level in the last five quarters at Rs 0.15 crore, suggesting a positive trend in near-term operating performance.
These results highlight the company's current financial standing and the underlying trends that may influence its future trajectory.
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